Day Trading Blog - This Stock Blog gives insight on daily stock market trading as well as stock trading analysis. We also list stocks to buy, top stocks, stock picks, and the best stocks to invest in 2020. If you are looking for a stock blog about hot stocks that are rising, you came to the right place. Right now my top stocks for 2020 are SHAK, TNA, GBTC, UDOW and SPXL. Visit http://blackberrystocks.com/topstocks2020.html

Monday, January 13, 2014

Below is a list of penny stocks to watch in 2014. These hot penny stocks are breaking out to the upside and continue to provide excellent trading opportunities in 2014. Follow me on Twitter for the hottest stock news or join my stock picks group to follow my trades. For more information in the top stocks in 2014, visit these links - Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2014

Twitter (TWTR) continues to be volatile as we get closer to earnings on February 5, 2014. Today Twitter's price target was raised to $65 by Goldman Sachs. I like the risk reward here since TWTR is down almost $20 from the high. Long term, Twitter will have to prove it can beat analyst estimates and raise guidance to support the current valuation. Sell TWTR above $70, buy below $60. TWTR will have support at $55 with resistance is located at $60.38. If you trade Twitter, join us in the stock picks group where we discuss the stock almost daily.

Facebook (FB) stock dropped below $56 on Monday after the stock market tanked. Facebook (FB) is still up a ton since the $43's two months ago. In a few weeks, Facebook (FB) must report better than expected earnings and raise guidance in order for the stock to rally. Facebook will report earnings January 29, 2014.

Intercept Pharmaceuticals, Inc. (ICPT) took a big dip back near $320 on Monday but then rebounded to $380. ICPT will continue to be both hot and cold from time to time and traders should trade the volatility.

Earnings January 14, 2014 - In the stock picks group, we will be watching key earnings on Tuesday. Wells Fargo (WFC) & JP Morgan (JPM) will be releasing a critical stock moving earnings report. If I like what I see, I will be buying for sure.

For more hot stocks to watch, sign up and join my trading group, stock picks group. I send out a daily pre market email and identify stocks to watch and what I'm buying and selling each day. We also trade stocks off earnings reports and hot IPO's.

The Dow Jones and Stock Market were down Monday. Will the stock market go up or down on Tuesday? Keep tabs on the stock market futures which will predict the open on Tuesday. If you invest or trade stocks, check out my stock picks group. We are making some big trades in there right now. Sign in and sign up.

The Dow Jones Industrial Average closed at 16258 on 1/13/14, as stock market dropped through out the day. The Federal Reserve is back again talking about additional taper and we are one week away from major earnings reports. Keep an eye on earnings from WFC & JPM on Tuesday. We will be watching these stocks closely in the stock picks group.

Noodles & Company (NDLS) is dropping around 4% to $34 after the company issued guidance that was slightly below Wall St. estimates. It has been tough last 3 months for the company as they were effected by the Colorado floods and now the massive cold weather that hit the U.S. Comparable-Stores sales rose by 4.3% which was a great sign and there is still a chance the company will meet expectations with 3 weeks left in January. The long term growth outlook has not been affected at all. The company still expects to grow store count from 380 locations to 2,500 in 10-15 years.

As for Noodles & Company (NDLS) stock, I plan to either buy more below $32 or above $36. The stock can go either way at this point. NDLS is the top stock I am buying in my long term account in 2014 as long as it stays below $43.

Apple (AAPL) is rebounding Monday after dropping $40 over the last month. Shares of Apple (AAPL) are now trading back near $540 and appear to have bottomed ahead of earnings next week. Analysts expect Apple to report earnings per share of $14.07 on $57.38 billion in revenue. I'm expecting Apple to beat these estimates but if they don't, the stock will drop back to $500.

Rexahn Pharmaceuticals, Inc. (RNN) is breaking out again today and is one of the top penny stock in 2014 below $2. Shares of Rexahn Pharmaceuticals, Inc. (RNN) jumped above $1.80 and the volume is picking up. RNN began the rally last week when Roth Capital called the stock a buy with a $3 price target. RNN will now have resistance located at $2.

Below is a list of stocks to buy on Tuesday. These stocks are active and have the potential to break out this week. For more in-depth ideas, join my trading group - Stock Picks Group

Plug Power (PLUG) - PLUG is one of the top stocks in 2014 but is finally seeing a correction - Resistance is located at $4. See More.....

Yelp (YELP) - Yelp (YELP) is pulling back after another record high on Friday. YELP will have major support around $74 right now. YELP will have resistance located in the $82's - My price target is $105 for 2014.

Twitter (TWTR) - Twitter (TWTR) rallied due to a price target increase by Goldman Sachs on Monday. They raised TWTR's price target to $65 from $47. I think the worst of the drop has already happened and the stock will rebound into earnings February 5, 2014. For a trade, buy TWTR below $56 this week.

Noodles & Company (NDLS) - Noodles & Co (NDLS) dropped Monday after the company reported guidance a little lighter than expected. My call is for the long term and from here I see max $5 downside, $100-$200 upside in 5 years. NDLS is a strong buy below $36. More analysis....

Tesla (TSLA) - Tesla (TSLA) dropped down into the low $140's again Monday. TSLA will have resistance at $161 going forward. I recently upgraded TSLA at $120 with a $170 price target. More......

Facebook (FB) - Facebook (FB) was trading back around $57 on Monday. FB will have support around $56.

Apple (AAPL) - Apple (AAPL) stock is trading in the low $540's. AAPL will have support at $530.

Lululemon (LULU) - LULU is a stock to buy in 2014 because it was cheap and just got cheaper. Expectations are very low below $50 and if they beat earnings and raise guidance, LULU is a $60-$65. If they do it again, it's a $75-$80 stock. Also keep an eye on VRS & ICPT which are the hottest stocks in 2014 above $2. Biggest Gainers 2014

Below is a list of the top penny stocks for 2014. These hot penny stocks are breaking out to the upside and continue to provide excellent trading opportunities in 2014. Follow me on Twitter for the hottest stock news or join my stock picks group to follow my trades. For more information in the top stocks in 2014, visit these links - Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2014

Below is a list of the top stocks in 2014. These hot stocks are breaking out to the upside and continue to provide excellent trading opportunities in 2014. Follow me on Twitter for the hottest stock news or join my stock picks group to follow my trades. For more information in the top stocks in 2014, visit these links - Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2014

The Dow Jones and Stock Market were mixed on Friday. Will the stock market go up or down on Monday? Keep tabs on the stock market futures which will predict the open on Monday. If you invest or trade stocks, check out my stock picks group. We are making some big trades in there right now. Sign in and sign up.